Brent crude oil traded at an increased price of over $88 per barrel, the highest in the last eight months. The Trading Economics report on Saturday noted a...
Tag - barrel
European Union countries agreed on Friday to cap the maritime trade of Russian oil at $60 per barrel, building upon an initiative by the Group of Seven (G7) to...
Russian authorities rejected a price cap on the country’s oil set by Ukraine’s Western supporters and threatened Saturday to stop supplying the nations that...
The European Union tentatively agreed to a US$60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to...
Despite efforts made by the Organisation of Petroleum Exporting Countries (OPEC) to stabilise the cost of the commodity, the global benchmark for crude dropped...
Emmanuel Addeh At an estimated $100 per barrel of oil this year, Nigeria will subsidise the ex-depot price by about 50 per cent or $8.5 billion in 2022, a new...
The OPEC Reference Basket of Crudes (ORB) is made up of the Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light...
Brent crude futures, the global oil benchmark, fell 0.77% to $112.5 a barrel at 10.07 GMT+1. West Texas Intermediate crude futures also fell 0.93% to $107.76 a...
Ukrainian lawmaker Oleksiy Goncharenko called for an immediate end to business with Russia after he visited Bucha. “In every barrel of oil, there is Ukrainian...
